Real Estate Math
A Connecticut broker earns $24,750 from a transaction. This represents the broker's 45% share of the total commission. What was the total commission?
A$55,000✓ Correct
B$44,550
C$50,000
D$60,000
Explanation
Total commission = $24,750 ÷ 0.45 = $55,000. To solve this, multiply the relevant values: $24,750 at 45%.. The correct answer is $55,000.. This is a common calculation on the Connecticut real estate exam.
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